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Warner Bros. Discovery, Inc. — Director's Dealing 2024
Feb 29, 2024
30161_dirs_2024-02-28_4ac085b0-6ccf-4cfc-8eff-51841b623ec8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Warner Bros. Discovery, Inc. (WBD)
CIK: 0001437107
Period of Report: 2024-02-26
Reporting Person: Perrette Jean-Briac (Pres.&CEO, Global Streaming)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-26 | Series A Common Stock | A | 272088 | — | Acquired | 1077199 | Direct |
| 2024-02-26 | Series A Common Stock | A | 256082 | — | Acquired | 1333281 | Direct |
Footnotes
F1: These shares represent the target amount of performance-based restricted stock units granted to the reporting person in March 2023. On February 26, 2024, the Compensation Committee determined that certain performance criteria had been met.
F2: These shares represent performance-based restricted stock units granted to the reporting person in March 2023 ("PRSUs") and were earned based solely on WBD's 2023 free cash flow ("FCF") performance in relation to a pre-established target. On February 26, 2024, the WBD Compensation Committee certified that WBD's 2023 FCF performance, excluding the FCF benefit derived from the 2023 guild strikes, was significantly above the established target, resulting in these PRSUs being earned at 200% of target.